In August 2009, Suncor Energy completed its merger with Petro-Canada to create Canada's premier energy company.
The 'new' Suncor Energy began trading on the New York Stock Exchange today and on the Toronto Stock Exchange on August 7.
Suncor Energy became Canada's largest energy company and the fifth largest North American-based energy company by market value when it opened trading. The new Suncor combines a leading position in Canada's oil sands with complementary operations in refining and marketing, North American natural gas production and conventional production internationally and offshore East Coast Canada. The company also holds a significant position in Canada's emerging renewable energy industry with wind power projects and biofuels production.
Latest Suncor Energy News
'In 2015 we generated cash flow that exceeded our annual sustaining capital and dividend commitments,' said Steve Williams, president and chief executive officer. 'Our integrated business model, our ability to reduce costs, and our relentless focus on operational discipline made this possible. As a ... Thursday, February 4, 2016
M&A in the upstream sector of the Canadian oil and gas industry saw a very significant drop off from 2014, according to new analysis from CanOils. In 2015, the total combined value for all deals in Canada reached just over Cdn$21 billion, almost half of the 2014 total of Cdn$41 billion. The collapse... Tuesday, January 19, 2016
Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Canadian Oil Sands Limited (TSX:COS) are pleased to announce that they have reached an agreement to support the offer by Suncor to purchase all of the shares of COS. Under the terms of the support agreement (the 'Agreement') Suncor has agreed to amend its of... Monday, January 18, 2016
Suncor Energy Norge AS, operator of production licence 571, has completed the drilling of wildcat well 25/10-14 S. The well was drilled in the central part of the North Sea, about five kilometres west of the Balder field and about 200 kilometres north-west of Stavanger. The primary exploration tar... Monday, January 18, 2016
All Suncor Energy News
Suncor Energy today announced it has extended its offer to Canadian Oil Sands Limited ('COS') shareholders to 6:00 p.m. MT (8:00 p.m. ET) on Wednesday, January 27, 2016.... Monday, January 11, 2016